Public Expenditure Statistical Analyses - HM Treasury PESA Objectives Public Expenditure Statistical Analyses (PESA) is the regular publication of information on government spending. PESA has two main objectives and is therefore based on two datasets: Budgets: To provide information on government spending plans and outturn expressed in terms of budgeting aggregates. The Government uses the budgeting framework for expenditure planning and control. Total Expenditure on Services: To present statistical analysis of public expenditure based on a Total Expenditure on Services framework (TES). PESA Publications The main annual PESA release comprises two separate documents: a National Statistics release of recent outturn data published on the HM Treasury website in late spring; and a PESA Command Paper published shortly after and consistent with the National Statistics release, which additionally includes estimated outturn for the latest year and spending plans for the rest of the Spending Review period. In addition to this: PESA 2010 Command Paper
The Value of an Hour of Work (GDP) More Infographics on Good World debt comparison: The global debt clock Office for Budget Responsibility » What we do The Office for Budget Responsibility was created in 2010 to provide independent and authoritative analysis of the UK’s public finances. It is one of a growing number of official independent fiscal watchdogs around the world. We have four main roles: We produce five-year forecasts for the economy and public finances twice a year. These four roles all focus on the public finances at a UK-wide level. In support of these activities, we undertake a variety of research projects through the year. We answer parliamentary questions on our forecasts and give evidence to parliamentary committees. BRC members and OBR staff also give talks and presentations at external events. We summarise our activities each year in our Annual Reports.
Will Japan Face the Next Debt Crisis? More Infographics on Good The Great Deceiver -- The Federal Reserve Cross-posted from Paul Craig Roberts This article co-written by *Dave Kranzler THE DARK HISTORY OF THE FEDERAL RESERVE...Deception and Murder for the Almighty Dollar!(image by YouTube) Is the Fed "tapering"? Did the Fed really cut its bond purchases during the three-month period November 2013 through January 2014? From November 2013 through January 2014, Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Certainly Belgium did not have a budget surplus of $141.2 billion. No, Belgium's trade and current accounts are in deficit. Did Belgium's central bank print $141.2 billion worth of euros in order to make the purchase? No, Belgium is a member of the euro system, and its central bank cannot increase the money supply. So where did the $141.2 billion come from? There is only one source. In other words, during those three months there was a sharp rise in bond purchases by the Fed. We do not know why or who.
About us Role The National Audit Office (NAO) scrutinises public spending on behalf of Parliament. Our audit of central government has two main aims. By reporting the results of our audits to Parliament, we hold government departments and bodies to account for the way they use public money, thereby safeguarding the interests of taxpayers. In addition, our work aims to help public service managers improve performance and service delivery. The Audit and inspection rights are vested in the head of the National Audit Office, the Comptroller and Auditor General (C&AG). Independence The Comptroller and Auditor General, Amyas Morse, is an Officer of the House of Commons. Strategic Priorities Our work reveals recurring issues across different government departments and bodies, including three general areas where we have found that improvement is frequently needed. Other bodies For UK Statistics - see the: Office for National Statistics For Local Government spending – see the: Audit Commission
Ranking tech companies by revenue per employee (Note: The ideal measurement would use profit instead of revenue and payroll instead of employee headcount. But those are tougher numbers to find for obvious reasons.) After the jump: The story behind this chart. The Calacanis/DHH discussion touched on the idea that web companies should pay more attention to unique visitors per employee. Now a while back we posted about this idea. (Site rank via Alexa. But how important is site rank really? So let’s take those same companies and add annual revenues into the picture: (Revenue figures via Yahoo! Dividing revenue by employee gives us a better look at which companies are the most efficient. Fed’s Dirty Little Secret: “The Gold Isn’t There… Exists as Paper IOU’s” The Federal Reserve doesn’t have enough gold to pay Germany back Mac Slavo | SHTFPlan.com The assumption by global depositors who have entrusted their national savings with the Federal Reserve and US Government has always been that when they request to repatriate their holdings the Fed would simply open the vault, access said assets and ship them back to where they belong. That’s exactly what Germany expected would happen last year when the country requested that the Federal Reserve return about one-fifth of their gold reserves. But that’s when things got really dicey. The Fed announced that Germany’s gold would be returned… but it would take seven years to get back home. The response to Germany’s request turned heads all over the world and raised concerns that the Federal Reserve had squandered its gold holdings. The implications are earth shattering and hit the very core of the problems facing America today. (Full transcript and interview) Are we wrong in making this assumption?